GENETIC TECHNOLOGIES LIMITED — Capital/Financing Update 2021

Aug 12, 2021

Proposed issue of securities

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Announcement Summary

Entity name

GENETIC TECHNOLOGIES LIMITED

Announcement Type

New announcement

Date of this announcement

13/8/2021

The Proposed issue is:

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A non pro rata offer of securities under a disclosure document or product disclosure statement (PDS)

Total number of +securities proposed to be issued for a non pro rata offer of securities under a disclosure document or product disclosure statement (PDS)

		Maximum Number of
ASX +security code	+Security description	+securities to be issued
GTG	ORDINARY FULLY PAID	200000

Closing date for receipt of acceptances

31/8/2021

Proposed +issue date

1/9/2021

Refer to next page for full details of the announcement

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Part 1 - Entity and announcement details

1.1 Name of +Entity

GENETIC TECHNOLOGIES LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

1.2 Registered Number Type

Registration Number

ACN 009212328

1.3 ASX issuer code

GTG

1.4 The announcement is

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New announcement

1.5 Date of this announcement

13/8/2021

1.6 The Proposed issue is:

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A non-+pro rata offer of +securities under a +disclosure document or +PDS

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Part 5 - Details of proposed non-pro rata offer under a disclosure document or PDS

Part 5A - Conditions

5A.1 Do any external approvals need to be obtained or other conditions satisfied before the non-pro rata offer of +securities under a +disclosure document or + PDS can proceed on an unconditional basis? No

Part 5B - Offer details

Is the proposed security a 'New Will the proposed issue of this class' (+securities in a class that is +security include an offer of not yet quoted or recorded by ASX) attaching +securities? or an 'Existing class' (additional No securities in a class that is already quoted or recorded by ASX)? Existing class

Details of +securities proposed to be issued

ASX +security code and description GTG : ORDINARY FULLY PAID The number of +securities to be offered under the +disclosure document or +PDS 200,000 Will the offer be conditional on applications for a minimum number of +securities being received or a minimum amount being raised (i.e. a minimum subscription condition)? No Will individual security holders be required to accept the offer for a minimum number or value of +securities (i.e. a minimum acceptance condition)? No Will individual security holders be limited to accepting the offer for a maximum number or value of +securities (i.e. a maximum acceptance condition)? Yes Is the maximum acceptance unit based or dollar based? Unit based

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Please enter the maximum acceptance value200,000Offer price detailsHas the offer price been determined?In what currency will the offer bemade?AUD - Australian DollarWhat is the offer price per +security?AUD 0.01000Oversubscription & Scale back detailsWill the entity be entitled to accept over-subscriptions?Will a scale back be applied if the offer is over-subscribed?Describe the scale back arrangementsYesNoYes	Please enter the maximum acceptance value200,000Offer price detailsHas the offer price been determined?In what currency will the offer bemade?AUD - Australian DollarWhat is the offer price per +security?AUD 0.01000Oversubscription & Scale back detailsWill the entity be entitled to accept over-subscriptions?Will a scale back be applied if the offer is over-subscribed?Describe the scale back arrangementsYesNoYes	Please enter the maximum acceptance value200,000Offer price detailsHas the offer price been determined?In what currency will the offer bemade?AUD - Australian DollarWhat is the offer price per +security?AUD 0.01000Oversubscription & Scale back detailsWill the entity be entitled to accept over-subscriptions?Will a scale back be applied if the offer is over-subscribed?Describe the scale back arrangementsYesNoYes	Please enter the maximum acceptance value200,000Offer price detailsHas the offer price been determined?In what currency will the offer bemade?AUD - Australian DollarWhat is the offer price per +security?AUD 0.01000Oversubscription & Scale back detailsWill the entity be entitled to accept over-subscriptions?Will a scale back be applied if the offer is over-subscribed?Describe the scale back arrangementsYesNoYes	Please enter the maximum acceptance value200,000Offer price detailsHas the offer price been determined?In what currency will the offer bemade?AUD - Australian DollarWhat is the offer price per +security?AUD 0.01000Oversubscription & Scale back detailsWill the entity be entitled to accept over-subscriptions?Will a scale back be applied if the offer is over-subscribed?Describe the scale back arrangementsYesNoYes
	rice detailse offer price been determined?
	t currency will the offer beWhat is the offer priceAUD 0.01000	per +security?
	Australian Dollar
	ubscription & Scale back details
	e entity be entitled to accept over-subscriptions?
	scale back be applied if the offer is over-subscribed?
	be the scale back arrangements
The D	irectors reserve the right to issue Shares pursuant to the	ffer at their absolute dis	cretion
			.
Will ththe exYes
	ese +securities rank equally in all respects from their iisting issued +securities in that class?	ssue date with

Part 5C - Timetable 5C.1 Lodgement date of +disclosure document or +PDS with ASIC 12/8/2021 5C.2 Date when +disclosure document or +PDS and acceptance forms will be made available to investors 13/8/2021 5C.3 Offer open date 16/8/2021 5C.4 Closing date for receipt of acceptances 31/8/2021 5C.6 Proposed +issue date 1/9/2021

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Part 5D - Listing Rule requirements

5D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1? No

5D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5D.1b ( i ) How many +securities are proposed to be issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

200,000

5D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

5D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue? No

Part 5E - Fees and expenses

5E.1 Will there be a lead manager or broker to the proposed offer? No

5E.2 Is the proposed offer to be underwritten? No

5E.3 Will brokers who lodge acceptances or renunciations on behalf of eligible +security holders be paid a handling fee or commission? No

5E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer

The total expenses of the Offer are estimated to be approximately $30,000 plus GST comprising ASIC lodgement fees and other administrative expenses.

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Part 5F - Further Information

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5F.01 The purpose(s) for which the entity intends to use the cash raised by the proposed issue

The Prospectus has been prepared in accordance with Section 708A(11)(2)(b) of the Corporations Act for the purpose of removing trading restrictions on the sale of any Shares issued pursuant to the Offer or issued prior to the date of this Prospectus.

5F.1 Will the entity be changing its dividend/distribution policy if the proposed offer is successful? No

5F.2 Please explain the entity's allocation policy for the offer, including whether or not acceptances from existing +security holders will be given priority

The Directors reserve the right to issue Shares pursuant to the Offer at their absolute discretion.

5F.3 URL on the entity's website where investors can download the +disclosure document or +PDS

https://www.gtglabs.com

5F.4 Any other information the entity wishes to provide about the proposed offer

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